Compare 529 college savings plans

Many 529 savings plans feature Vanguard funds and/or investment management. Choose a plan associated with Vanguard and compare it with other 529 savings plans.

State tax benefits may not apply to K-12 tuition. This tool displays the state benefits for qualified higher education expenses. However, it's less clear whether account owners can receive a state tax break for K-12 tuition expenses. To find out if you qualify for a state benefit for K-12 tuition, check the state where you pay state income tax—even if another state sponsors your 529 plan. You should consult your tax advisor for further guidance.

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General
The Vanguard 529 College Savings Plan (NV) Virginia529 inVEST (VA)
State sponsor Nevada Virginia
Program manager Ascensus Broker Dealer Services, Inc. Virginia College Savings Plan Board and its Executive Director
Investment manager/​underlying investments Vanguard mutual funds
  • Vanguard
  • Rothschild Asset Management
  • Templeton Institutional Funds
  • Prudential Investment Management
  • Aberdeen Asset Management
  • Stone Harbor Investment Partners
  • Morgan Stanley
  • INVESCO
  • Capital Research and Management Co.
Residency required None None
How to purchase Enroll directly with the program. Enroll directly with the program.
State benefits & tax information
The Vanguard 529 College Savings Plan (NV) Virginia529 inVEST (VA)
Maximum annual state deduction Not Applicable. There is no personal income tax in Nevada. Virginia allows state residents to deduct annual contributions they make to any Virginia 529 plan from their state income taxes. There is an annual deduction limit of $4,000 for an individual taxpayer and $4,000 for married taxpayers filing jointly with an unlimited carry-forward provision for excess contributions. Account ownership is required for claiming 529 state income tax deductions in Virginia. Virginia residents who are both account owners and age 70 and older who contribute to the Virginia 529 College Savings Plan may deduct from their state taxable income the entire amount of their contribution either in the year they make the contribution or in subsequent years.
Are qualified distributions from in-state plans state-tax exempt? N/A - no state tax Yes
Are qualified distributions from out-of-state plans state-tax exempt? N/A - no state tax Yes
State tax treatment of rollovers N/A - no state tax State follows federal tax treatment for rollovers with some exceptions. Outbound rollovers are subject to the recapture of prior state tax deductions taken.
Tax recapture provisions N/A - no state tax The principal portion of non-qualified withdrawals and outbound rollovers will be subject to recapture to the extent of prior state tax deductions.
Fees & expenses
The Vanguard 529 College Savings Plan (NV) Virginia529 inVEST (VA)
Enrollment None. $25
Maintenance None None
Total asset-based expense ratio
  • Age-based options: 0.15%
  • Static/individual options: 0.15% - 0.44%
  • Age-based options: 0.20% - 0.69%
  • Static/individual options: 0.14% - 0.77%
Contributions
The Vanguard 529 College Savings Plan (NV) Virginia529 inVEST (VA)
Minimum contributions
  • Minimum initial contribution: $1,000; $3,000 for out-of-state residents
  • Minimum subsequent contribution: $50
  • Minimum automatic investment plan contribution: $50
  • Minimum payroll deduction plan contribution: $50
  • Minimum initial contribution: $25
Maximum funding amount Accepts contributions for a given beneficiary until Nevada 529 account balances reach $500,000 Accepts contributions for a given beneficiary until Virginia 529 account balances reach $500,000
Investment options
The Vanguard 529 College Savings Plan (NV) Virginia529 inVEST (VA)
Summary of investment options
Age-based portfolios
3 age-based options
  • Aggressive Option (12 portfolios)
  • Moderate Option (12 portfolios)
  • Conservative Option (12 portfolios)
1 age-based option
Individual portfolios
20 static/individual portfolios
  • 5 multi-fund portfolios
  • 15 individual-fund portfolios
12 static/individual portfolios
  • 12 multi-fund portfolios
Other features
The Vanguard 529 College Savings Plan (NV) Virginia529 inVEST (VA)
Formal agreement with rewards program or outside scholarship program? Yes, with the Upromise rewards service None
Creditor protection If the debtor is domiciled in Nevada (as defined by bankruptcy law), Nevada law provides that up to $500,000 of assets held in a 529 Plan account may be protected from creditors, depending upon when such assets were contributed to the account and whether they are eventually used to pay qualifying higher-education expenses of the account beneficiary. Under Virginia law, money in a Virginia 529 plan shall be exempt from creditor process and shall not be liable to attachment, garnishment, or other process, nor shall it be seized, taken, appropriated, or applied by any legal or equitable process or operation of law to pay any debt or liability of any contributor or beneficiary.
Time or age restrictions None
Contact information
The Vanguard 529 College Savings Plan (NV) Virginia529 inVEST (VA)
Telephone 1-866-734-4530 1-888-567-0540
Web address http://www.vanguard.com/vanguard529 http://www.virginia529.com/invest/index.php
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